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| Where the smart money is: Capital expenditure of major utilities firms, £m | |||
| Company | 2001/2 | 2002/3 | 2003/4 |
| Anglian Water Services | 264 | 310 | 306 |
| Innogy Holdings | 192 | 150 | 150 |
| North West Water | 410 | 550 | 600 |
| Northumbrian Water | 193 | 180 | 175 |
| Powergen | 191 | 175 | 175 |
| Severn Trent Water | 387 | 425 | 425 |
| Wessex Water | 140 | 175 | 175 |
| Welsh Water | 207 | 300 | 220 |